![gartner hype cycle for emerging technologies 2012 gartner hype cycle for emerging technologies 2012](https://www.solidsmack.com/wp-content/uploads/2012/08/gartner.png)
The global contactless payments market is expected to reach $138.4 billion by 2023. Near Field Communication – the technology that enables contactless payments – is transforming the way people pay for purchases around the world. Today, Microsoft and Amazon’s cloud computing divisions each make $6-7 billion in revenue per quarter, and that number is still growing at a brisk pace. It felt like the future of computing, and enterprises and individuals eagerly adopted the technology. Right from the beginning, the analogy of data breaking the shackles of folders and clunky external drives – instead zipping efficiently into the invisible cloud – generated a lot of excitement. Here are some examples that lived up to their time in the spotlight. The intense buzz that sent microblogging towards the top of the Hype Cycle is corroborated by Google Search data.Ī few technologies transcend the hype to transform entire industries. Today, we don’t think twice about posting a tweet or updating our status on Facebook, but a decade ago, the act of posting a short public message was major shift in the way people used technology to communicate with one another. One example of this phenomenon at work is the adoption of microblogging. Meanwhile, venture capital flows into the companies racing to bring the tech to market, valuations swell, marketing departments generate excitement, and the expectations of the general public begin to grow as well. Reaching the PeakĪs the media searches for the next big thing, certain technologies tend to dominate the headlines. Today’s graphic is a retrospective look at which trends scaled the summit of the Hype Cycle each year since 2000. Gartner’s Hype Cycle charts the roller coaster ride of emerging tech, from the first stirrings of public awareness to the point of wider adoption and economic viability. Other promising technologies have their moment in the sun, only to fade into obscurity. In a short amount of time, technological innovations such as wireless internet and social networking have become a ubiquitous part of our everyday lives, quietly transforming the way we live, work, and communicate. Nothing captures our collective imagination quite like emerging technology.
GARTNER HYPE CYCLE FOR EMERGING TECHNOLOGIES 2012 SOFTWARE
But if the data and secondary systems needed to support these technologies become too difficult to work with, the benefits of the solutions can be limited.īusiness process management software can enable businesses to make the most of their cloud and mobile systems by helping them gain more control of data, put information in its proper context and ensure the technological solutions are able to support process-level improvements.Visualizing Technology Hype Cycles (2000-2018) At their core, the cloud and mobile movements enable organizations to take a more customer-centric approach to operations by allowing for more efficient processes. The technologies can generate large quantities of data, easily overwhelming employees. Making the most of cloud computing and mobile technologies can be incredibly challenging in the enterprise. We might have to remove our glasses for the facial recognition to work, our smartphones don't always understand us when we speak, and the location-sensing technology sometimes has trouble finding us." However, at the same time, we see that the technology is not quite there yet. "It's now possible to look at a smartphone and unlock it via facial recognition, and then talk to it to ask it to find the nearest bank ATM. "The smarter smartphone is a case in point," said LeHong. To illustrate this, LeHong details the current state of the smartphone market. Hung LeHong, research vice president at Gartner, explained that this version of the Hype Cycle indicates that many emerging technologies are converging at the tipping point of the hype cycle. While not quite to the point of being disappointing for a short period, cloud computing and, to a lesser extent, mobility, are moving away from hype and closer to more realistic expectations when it comes to actual enterprise use. From there, the cycle tracks solutions into their period of mainstream use. Gartner's Hype Cycle tracks technologies as they move from their initial entry into the public eye, through the top of their heightened expectations and on through the period when feelings toward the technology begin to go downhill as initial hype crashes into reality. Bring your own device currently rests at the top of the hype cycle and is close to moving down the other side. Gartner's annual Hype Cycle study found that cloud computing and private cloud systems have moved past the zenith of the hype cycle and toward more widespread implementation.